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Microeconomics : Public and Private Choice

Microeconomics : Public and Private Choice - 12th edition

ISBN13: 978-0324580204

Cover of Microeconomics : Public and Private Choice 12TH 09 (ISBN 978-0324580204)
ISBN13: 978-0324580204
ISBN10: 0324580207
Cover type: Paperback
Edition/Copyright: 12TH 09
Publisher: South-Western Publishing Co.
Published: 2009
International: No

List price: $341.00

Microeconomics : Public and Private Choice - 12TH 09 edition

ISBN13: 978-0324580204

Gwartney, Stroup, Sobel and Macpherson

ISBN13: 978-0324580204
ISBN10: 0324580207
Cover type: Paperback
Edition/Copyright: 12TH 09
Publisher: South-Western Publishing Co.

Published: 2009
International: No
Summary

ECONOMICS: PRIVATE AND PUBLIC CHOICE includes many more engaging elements-such as scenes from popular movies and applications of economic theory to real-world issues-to help you see how these theories apply to the world around you. Each chapter has been updated to reflect today's market, including analysis and explanation of measures of current economic activity. You'll also find highlights of the lives of notable economists and how they contributed to the thinking that shapes our markets today. Common economic myths are dispelled, and the ''invisible hand'' metaphor is applied to economic theory, demonstrating how it's working even today to stimulate the economy. This 12th edition includes new technology features such as a robust set of online multimedia learning tools, including video clips and free quizzes designed to support your classroom work; a completely updated Aplia interactive learning system with practice problems, interactive tutorials, online experiences, and more.

Table of Contents

Part 1: THE ECONOMIC WAY OF THINKING. 1. The Economic Approach. 2. Some Tools of the Economist.

Part 2: MARKETS AND GOVERNMENT. 3. Supply, Demand, and the Market Process. 4. Supply and Demand: Applications and Extensions. 5. Difficult Cases for the Market and the Role of Government. 6. The Economics of Collective Decision Making.

Part 3: CORE MICROECONOMICS. 7. Consumer Demand and Elasticity. 8. Costs and the Supply of Goods. 9. Price Takers and the Competitive Process. 10. Price-Searcher Markets with Low Entry Barriers. 11. Price-Searcher Markets with High Entry Barriers. 12. The Supply of and Demand for Productive Resources. 13. Earnings, Productivity, and the Job Market. 14. Investment, the Capital Market, and the Wealth of Nations. 15. Income Inequality and Poverty.

Part 4: INTERNATIONAL ECONOMICS 16. Gaining from International Trade.

Part 5: APPLYING THE BASICS. Special Topics.